SOL/BTC – 30M – SELLAnd also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.
The currency pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline downwards
A descent downwards to the next support level at 0.001944700 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.001980200 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Last Engulfing Top’ candle chart pattern is found. The candles form ‘Last Engulfing Top’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.001986100 |
| Next High | 0.001980200 |
| Current Price | 0.001951300 |
| Next Low | 0.001944700 |
| 2nd Low | 0.001910000 |
| 3rd Low | 0.001895600 |
0.001980200 – 0.001986100 – 0.001947000 – 0.001944700 – 0.001910000 – 0.001895600 — 45.160755929294 – 43.7665573769
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Last Engulfing Top – Symmetrical Triangle Chart Pattern – –